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Krispylynn33 Krispylynn33
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A year ago
Declines in housing prices in the United States in the late 2000s ________.

▸ led to banks having higher net worth, and hence being more willing to lend

▸ decreased the wealth of consumers, leading to decreased consumption spending

▸ led to consumers having lower mortgages and hence higher disposable incomes

▸ increased the wealth of investors, leading to higher investment spending
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Macroeconomics

Macroeconomics


Edition: 3rd
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twogat123twogat123
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A year ago
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Krispylynn33 Author
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A year ago
You make an excellent tutor!
jcarter
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this is exactly what I needed
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Thanks for your help!!
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